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��j�U40�� <br />12. Borrower Not Released; Forbearance By Lender Not a Waiver. Extension of the time for payment or <br />modification of amortizarion of the sums secured by this Security Instrument granted by Lender to Bonower <br />or any Successor in Interest of Borrower shall not operate to release the liability of Bonower or any <br />Successors in Interest of Bonower. Lender shall not be required to commence proccedings against any <br />Successor in Interest of Borrower or to refuse to extend time for payment or otherwise modify amortization <br />of the sums s�ured by this Security Instrument by reason of any demand made by the original Bonower or <br />any Successors in Interest of Bonower. Any forbearance by Lender in exercising any right or remeriy <br />including, without limitation, Lender's acceptance of payments from third persons, enrities or Successors in <br />Interest of Bonower or in amounts less than the amount then due, shall not be a waiver of or preclude the <br />exercise of any right or remedy. <br />13. Joint and Several Liability; Co-signers; Successors and Assigns Bound. Bonower covenants and <br />agr�s that Borrower's obligations and liability shall be joint and several. However, any Bonower who <br />co-signs this S�urity Instrument but does not execute the Note (a "co-signer"): (a) is co-signing this <br />Security Instrument only to mortgage, grant and convey the co-signer's interest in the Property under the <br />terms of this Se�urity Instrument; (b) is not personally obligated to pay the sums secured by this Se�urity <br />Insmiment; and (c) agrces that Lender and any other Bonower can agree to e�end, modify, forbear or make <br />any accommodations with regazd to the terms of tlus Security Instrument or the Note without the co-signer's <br />consent. <br />Subj�t to the provisions of Section 18, any Successor in Interest of Borrower who assumes Borrower's <br />obligations under this S�urity Insm�ment in writing, and is approved by Lender, shall obtain all of <br />Bonower's rights and benefits under ttus S�urity Instrument. Borrower shall not Ue released from <br />Borrower's obligations and liability under this Security Instrument unless Lender agrees to such release in <br />writing. The covenants and agreements of this Security Instrument shall bind (except as provided in Secrion <br />20) and benefit the successors and assigns of Lender. <br />14. Loan Charges. Lender may charge Borrower fees for services p�rformed in connection with Bonower's <br />default, for the purpose of prot�ting Lender's interest in the Property and rights under this Security <br />Instrument, including, but not limited to, attomeys' f�s, property insp�tion and valuation fees. In regazd to <br />any other fees, the absence of express authority in this Security Instrument to charge a sg�ific fe,e to <br />Borrower shall not be construed as a prohibition on the charging of such fe�. Lender may not charge f�s <br />that aze expressly prohibited by this S�urity Instrument or by Applicable Law. <br />If the Loan is subject to a law which sets maximum loan charges, and that law is finally interpreted so that <br />the interest or other loan charges collected or to be collected in connecrion with the Loan excced the <br />permitted limits, then: (a) any such loan charge shall be refluced by the amount necessary to reduce the <br />charge to the permitted limit; and (b) any sums already coll�ted from Borrower which exceeiierl permitted <br />limits will be refunded to Bonower. Lender may choose to make this refund by re�ucing the principal owed <br />under the Note or by making a direct payment to Bonower. If a refund refluc�s principal, the reduction will <br />be ixeated as a partial prepayment without any prepayment chazge (whether or not a prepayment charge is <br />providefl for under the Note). Borrower's acceptance of any such refund made by dir�t payment to <br />Borrower will constitute a waiver of any right of action Bonower might have arising out of such overcharge. <br />15. Wotices. All notices given by Borrower or Lender in conn�tion with this Security Instrument must be in <br />writing. Any notice to Bonower in conne�tion with this S�urity Instrument shall be d�med to have been <br />given to Bonower when mailed by first class mail or when actually delivered to Borrower's notice address if <br />sent by other means. Notice to any one Bonower shall constitute notice to all Bonowers unless Applicable <br />Law expressly requires othervvise. The notice address shall be the Property Address unless Bonower has <br />NEBRASKA-Si�le Femily-Fannie Mse/Freddle Mac UNIFORM INSTRUMENT <br />VMP � <br />Wolters Kluwer Finencial Services <br />Fom, so2a �roi <br />VMPB(NE) (110b) <br />Page 11 of 17 <br />� `� i t . , , <br />